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Business Law Final Review
14
implied contract: a contract that comes about from the action of the actions of the parties
counter offer: response to an offer that changes the terms of the offer
unilateral: contract that contains a promise by just one party
revocation: taking back of an offer by the offeror
mirror image rule: acceptance which has not changed the terms of the original offer in anyway
void: contract that is missing one of the six elements
genuineness of agreement: fraud,, misrepresentation, and undue influence can destroy the
capacity: legal ability to enter into a contract
eighteen: age of majority
assignment: transfer of a right under a contract
breach of contract: failure to perform the duties spelled out in a contract
duress: making someone enter a contract through force
educational loan: example of debt that cannot be discharged under bankruptcy
statute of limitations: a law that has a specification of time in which legal action can be brought on a contract
Business Law Final Review
Across:2. | age of majority | 4. | response to an offer that changes the terms of the offer | 10. | acceptance which has not changed the terms of the original offer in anyway | 11. | failure to perform the duties spelled out in a contract | 12. | contract that is missing one of the six elements | 13. | legal ability to enter into a contract | 14. | a law that has a specification of time in which legal action can be brought on a contract |
| | Down:1. | fraud,, misrepresentation, and undue influence can destroy the | 3. | example of debt that cannot be discharged under bankruptcy | 5. | taking back of an offer by the offeror | 6. | transfer of a right under a contract | 7. | contract that contains a promise by just one party | 8. | a contract that comes about from the action of the actions of the parties | 9. | making someone enter a contract through force |
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© 2012
PuzzleFast.com, Noncommercial Use Only
Business Law Final Review
Across:2. | age of majority | 4. | response to an offer that changes the terms of the offer | 10. | acceptance which has not changed the terms of the original offer in anyway | 11. | failure to perform the duties spelled out in a contract | 12. | contract that is missing one of the six elements | 13. | legal ability to enter into a contract | 14. | a law that has a specification of time in which legal action can be brought on a contract |
| | Down:1. | fraud,, misrepresentation, and undue influence can destroy the | 3. | example of debt that cannot be discharged under bankruptcy | 5. | taking back of an offer by the offeror | 6. | transfer of a right under a contract | 7. | contract that contains a promise by just one party | 8. | a contract that comes about from the action of the actions of the parties | 9. | making someone enter a contract through force |
| |
© 2012
PuzzleFast.com, Noncommercial Use Only